Current Affairs Quiz-September, 2020

Notes:
The United Kingdom (UK) has entered into an Economic Partnership Agreement with Japan.
This partnership is seen as a historic move, since this is the first trade agreement signed by the UK post Brexit. The agreement is said to foster trade between the two countries by about 15 billion Euros.

Notes:
Jammu & Kashmir has announced the commencement of a public grievance redressal system named JK i-grams.
It stands for Jammu and Kashmir integrated grievance redress and monitoring system. The system is started on a pilot basis in Srinagar, Jammu and in Reasi. By 2nd October, the state is expected to include all villages in the system.

Notes:
The Reserve Bank of India (RBI) has issued guidelines regarding Compliance Functions in Banks and Role of Chief Compliance Officer (CCO).
The guidelines direct that all banks should have a board approved Compliance Policy and Appointment of CCO. The CCO shall be a senior executive of the bank, preferably in the rank of a General Manager.

Notes:
Former Union Minister Raghuvansh Prasad Singh passed away recently. He succumbed to post-COVID19 illness at AIIMS.
He was from Bihar and belonged to Rashtriya Janta Dal (RJD), which he resigned few days ago. Singh is often called the architect of the MNREGA scheme, which was implemented when he was the Union Minister for Rural development.

Notes:
According to the Asian Development Bank, Asia’s economy will contract for the first time since the early 1960s.
The bank had earlier projected that the GDP would grow by 0.1 per cent. Now, it is estimated that Asia’s GDP would decline by 0.7 per cent in 2020 and would increase to 7.7 per cent in 2021. It also highlighted that the GD in India would contract by 9% this year.

Notes:
YouTube has recently launched its short video platform called YouTube Shorts in India. This is expected to fill the gap created due to the ban on TikTok in India.
This video creation tool would be first available for Indian users. Using this tool, the users can create a 15-second or less short video and upload it on the platform. Users can also add music to their videos using YouTube’s song library.

Notes:
National Engineers Day is celebrated on September 15 across the country, to mark the birth anniversary of eminent engineer M Visvesvaraya.
Mokshagundam Visvesvaraya was born on September 15, 1861 in Karnataka. He served as the Chief engineer in Mysore and had contributed to several technical projects in Hyderabad, Mysore, Maharashtra and Odisha, including the block system of irrigation in the Deccan canals.

Notes:
The Phase-III of Back to Village (B2V) programme has been announced by Jammu and Kashmir administration to commence from October 2 for a period of 10 days.
Phase-I of the programme was launched to understand the people’s grievances. The phase 2 focused on the devolution of powers to Panchayats in the Union Territory. The phase 3 aims at grievance redressal.

Notes:
The Supreme Court has ordered for setting up a panel of five distinguished citizens. The objective of the panel would be to set standards for electronic media.
This is pronounced by the Supreme Court in the context of the TV show “Bindas Bol” that is relayed on Sudarshan TV. The court has stated that the said TV programme appears to vilify the Muslim community and make it responsible for an attempt to infiltrate the civil services

Notes:
Kerala State Electronic Development Corporation (Keltron), owned by the Government of Kerala, is set to manufacture commercially available Ventilators.
The corporation has signed a pact with Society for Bio Medical Technology (SBMT) under the Defence Research Development Organisation (DRDO) for technical expertise in ventilator production.